[marcusestes]

This is why Satya was posting about Jevan's Paradox at 10pm last night. (https://x.com/satyanadella/status/1883753899255046301)

Decreasing resource cost of intelligence should increase consumption of intelligence. That would be the bull case for Nvidia.

If you believe there's a hard limit on how much intelligence society wishes to consume, that's a bear case.

[DaiPlusPlus]

> Decreasing resource cost of intelligence should increase consumption of intelligence

> If you believe there's a hard limit on how much intelligence society wishes to consume

I feel like I walked-in on a LessWrong+LinkedIn convention.

[marcusestes]

lol, that's a nasty combo

[mrbungie]

It is still funny. Even if eventually we get there, Jevons Paradox is an observation, not a predictable market strategy. I wouldn't want to depend on it for making decisions.

Long term bullish as always, but tech leaders are behaving in cringeworthy ways right now.

[torginus]

I wonder if instead of Jevon's paradox, we will get Wirth's law (which states that software gets slower faster than hardware gets faster) applied to AI - meaning that instead of using existing battle-tested software, people will be more inclined to roll their own crappy versions, as the cost of building your own stuff is lower.

[coliveira]

Well, using all computing power on AI is definitely not as bad as using it on the latest crazy crypto coin that has no value for society.

But the problem for NVDA is that they charge too much for it. I'm pretty sure that other companies, maybe the Chinese, will commoditize GPUs is not so distant future.

[buyucu]

I'm willing to bet that Satya loves this. Microsoft's business model relies on AI getting cheaper and commoditized. Paying gazillions to OpenAI can hardly be fun for Microsoft.

[lm28469]

> hard limit on how much intelligence society wishes to consume

We live in such weird times, what the fuck does that even mean

[fullshark]

Hmm it also means like coal, it becomes a commodity.

[UltraSane]

Nvidia would be selling the coal furnaces in this analogy.